Hi there! I'm an EA from Madrid. I am currently finishing my Ph.D. in quantum algorithms and would like to focus my career on AI Safety. Send me a message if you think I can help :)
Since targeting Ultra High Net Worth Individuals seems to be a more effective strategy than broad donations (reference), to what extent do you think it is feasible to attract more such individuals to effective giving? What strategies are you particularly excited about researching and testing more extensively to do so?
To what extent the EA community should put more effort towards increasing the donation basis vs finding ever more impactful opportunities? What worries me the most in the second case is that while there might be some pretty good untapped opportunities to create new, more impactful charities, there is always too much uncertainty. For example, this is often argued as a reason to not prioritise funding Vitamin A supplementation (€3.5k/per live saved) vs malaria nets (€5.5k/per live saved), see this Ayuda Efectiva spreadsheet based on GiveWell data; which are already pretty heavily researched areas.
To what extent would it make sense to consider the work by the Gates Foundation part of the effective giving ecosystem? I would argue that they are very effective, too, even if they have no association with effective altruism.
I’m not sure about the cost effectiveness, but they have a quote by Michael Kremer in their webpage:
“The country where one is born is the most important determinant of extreme poverty. By facilitating international educational migration, Malengo offers very low-income youth the opportunity to dramatically increase both their own incomes, and those of their families. In my view, each dollar of donation to Malengo is likely to increase the incomes of program participants by more than would be the case for donations to virtually any other organization.“
Michael Kremer University Professor in Economics, University of Chicago Nobel Laureate in Economics, 2019
Hi Emmannaemeka, Thanks for writing this, and sorry to hear that has been your experience so far. I don’t work in anything related to biology so I don’t think I can offer any solutions, unfortunately. The only thing that comes to mind, other than bio security, is that fermentation is one area that could be useful to produce alternative proteins. Perhaps the Good Food Institute could be a good place to look into. In any case, I think the EA community should be welcoming to everyone, even if there are no good ways to contribute to most typical EA causes. Again, thanks for writing this.
I am sorry to hear this.